GENXAI Analytics Limited IPO Opens on Friday, June 05, 2026

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Jun 2, 2026 - 16:00
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GENXAI Analytics Limited IPO Opens on Friday, June 05, 2026
“GENXAI Analytics Limited IPO Opens on Friday, June 05, 2026”
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2 Jun 2026
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GENXAI Analytics Limited IPO Opens on Friday, June 05, 2026

GENXAI

Mumbai (Maharashtra) [India], June 2: GenXAI Analytics Limited is a technology-driven enterprise performance & analytics solutions provider, proposing to open its Initial Public Offering on Friday, June 05, 2026, aiming to raise ₹ 54.66 Crore (At Upper Price Band), with shares to be listed on the NSE Emerge platform.

The issue size is 47,28,000 equity shares with a face value of ₹ 10 each with a price band of ₹ 110 – ₹ 116 Per Share.

Equity Share Allocation

  • Qualified Institutional Buyer – Not more than 21,54,000 Equity Shares
  • Non-Institutional Investors – Not less than 6,46,200 Equity Shares
  • Individual Investors – Not less than 15,07,800 Equity Shares
  • Market Maker – Issue of 2,40,000 Equity Shares 
  • Employee Reservation – Issue of 1,80,000 Equity Shares 

The net proceeds from the IPO will be utilized for capital expenditure for the development of new products, repayment of borrowings, working capital requirements, and the general corporate purposes. The anchor bidding is on Thursday, June 04, 2026. The issue will open on Friday, June 05, 2026, and will close on Tuesday, June 09, 2026.

PNN (This story has been published from a syndicated feed, agency source, or press release. NewsWaala Team may not have edited or verified the content independently.)